FSA in Japan
The Financial Services Agency (or FSA) in Japan is a government agency. It overlooks financial markets such as banking, securities and exchange, insurance and keeps financial systems stable in the country.
The Financial Services Agency supervises VASPs which must register with the Authority. In addition, VASPs in Japan are subject to the Act on Prevention of Transfer of Criminal Proceeds. They must comply with AML/CFT requirements such as collecting know-your-customer records, keeping these records, filing suspicious transactions reports, etc. Since May 2020, VASPs are also subject to the Payment Services Act and the Financial Instruments and Exchange Act.
From wallet screening and KYT monitoring to deep-dive investigations, Scorechain gives you everything you need to stay compliant, secure, and audit-ready.
